Solution to future values

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Compute the future values of the following first assuming that payments are made on the last day of the period and then assuming payments are made on the first day of the period:

Payment yr interest yr future value payment future value payment

$ % (first day) (last day)

123      13          13
4555     8            8
74,484  5           10
167,332 9            1

Reference no: EM1327533

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